$E1H1...A BROADER AUDIENCE?...Some of you may have noticed a little red flag in the corner of the Company’s website. When you click on that, you will see sections of the website in Chinese. Obviously, a variety of steps are being taken to appeal to the huge, & growing numbers of investors in the Chinese mainland markets, as well as domestic Chinese investors. Apparently, regulation has made both physical GOLD, & Bitcoin less attractive investments to the mainland investment community. I believe Dupont is working with an Australian based firm, making decisions about regional advertising to offer an incentive to those prospective investors to take a serious look at EXS/EXSFF/E1H1. When I last spoke to Chris, he seemed very optomistic about the evolving plan to reach this vast new audience. Adding to the new video contributions to the website, an audio interview was completed over the weekend, and has been disseminated worldwide. You can listen to that at the following link, http://www.abnnewswire.net/press/en/87833/exs. At, or around the beginning of every month, I’m led to believe an updated video interview will be available to investors, offering updates on the Company’s variety of projects moving forward. Its intended these will be disseminated on a worldwide basis as well, through syndications like Reuters, Bloomberg, & GooglePlus, to name but a few. The Toronto based www.agoracom.com Investment Website is releasing a full feature story on the massive new Goldcorp mill, and their perceptions of the impact on Explor. Specifically, they are highlighting the Timmins Porcupine West GOLD deposit, and its obvious importance as a source of GOLD ore to Goldcorp’s 50,000 ton per day mill development. As I pointed out last week, Goldcorp does not have enough local resources to accommodate their new monster facility.
Mainstream media, Investment websites, & Precious Metals newsletters recently seem to be in agreement that GOLD will see higher prices in the near term, reacting to evolving events on the world stage. Some expert commentary even suggests price detachment from the USD, as a hedge against a major retracement, or correction, in many of the major markets.
Having said all that, and trying not to be redundant, the lab has given the Company yet another promise to provide assay results from drilling north of the Glencore Kidd Mine. I’m hoping they keep this one, but I’m not holding my breath. Focussed paperwork continues regarding proposed drill plans at the PG-101, the Montrose property, Duparquet (East Bay), as well as completion of the recent financing.

$E1H1...TYING UP THE TIMMINS MINING CAMP?...The first tranche of a $1,000,000 placement was closed & announced last Friday, March 31st. Paperwork & planning continues for drilling programs at Explor’s PG-101; Montrose, and Duparquet (East Bay) properties. All three will be drilled later this spring & summer. A plan is also being developed to do further drilling on the Ogden property adjacent to the Company’s Timmins Porcupine West (TPW) GOLD deposit. With the recent excellent results at the Company’s Chester Copper resource in New Brunswick, Canada, further work is being considered there as well. Most of us are aware of intense drilling activity in the Timmins region which has led to long delays at the few labs assaying core samples. So, despite a number of promises from the lab, we continue to wait for potential VMS drill results from the Company’s 1,400meter (4,592ft) drilling on the northern edge of the Glencore Kidd mine. A new video interview is being prepared for international distribution by the Company, and most specifically, the Chinese mainland market.
It’s been difficult for most of us to understand why Teck Resources is moving so slowly at the Company’s TPW GOLD deposit, where the Hollinger-McIntyre geologic model clearly shows 25-30million ounces of GOLD in the ground. To date, they have spent $3million verifying all of Explor’s findings at the site. Taking a longer-term view, I think it would be reasonable to suggest we are about to experience a major BULL market in GOLD. The major, and intermediate, producers all have aggressive production plans in the Timmins Camp. They all know one another, and I contend, have been colluding with one another, to capture, and integrate, all promising GOLD assets into their portfolios. The TPW is within a couple of hundred meters of Tahoe Resources to the west. A number of their Directors were Directors of Goldcorp, whose major regional operations lie close to the TPW to the east. Apparently, Goldcorp has launched a $2billion, 50,000 ton a day mill development in the Timmins area. My sources tell me ‘sterilization drilling’ is underway close to Goldcorp’s old mill at their Dome Pit. Basically, they are hoping GOLD values are uneconomic, and the new mill won’t be built on the motherlode. Further, I’m hearing a variety of engineering firms, and a variety of contractors are setting up shop in Timmins preparing bids on various tenders put out by Goldcorp in conjunction with the new mill. The city is so busy with new faces, long lineups are becoming commonplace at local restaurants, for example. With reference to an interview with Goldcorp by www.metalsnews.com, the Chief Operating Officer (COO) spoke about Goldcorp’s 20/20/20 five-year plan. That’s a 20% increase in production; a 20% increase in reserves and a 20% decrease in operating costs. If they are true to their word, 50,000 tons of daily feed for the new mill must come from local sources to tie in to a 20% drop in operating costs, wouldn’t it? It makes sense to believe Goldcorp, Tahoe & Teck may have had a number of discussions about the acquisition of the TPW. Teck can own 70% of the GOLD deposit for a further cash payment of CDN$9million, to fully exercise their Earn-In Option with EXS/EXSFF/E1H1. It’s common knowledge that Explor owns the largest porphyry associated with GOLD mineralisation ever found along the Porcupine-Destor Fault Zone (PDFZ). It lies within the TPW property, and, only the southern part of the porphyry has seen extensive drilling. The current known deposit is 2000meters long, open at both ends, & open at depth. Further, it sits very close to a new proposed mining roadway, and, within a few kilometers from the new mill. I know the Big Boys well. Goldcorp and/or Tahoe wouldn’t want 70%. They want it all, but want to avoid Dupont’s $300million pricetag for the remaining 30%. Is it really so hard to believe a consortium with the power that these three wield might be playing self serving games in the EXS/EXSFF/E1H1 markets? Please stay stubborn, and hold your position. I truly believe a wild ride is coming for anyone holding EXS/EXSFF/E1H1. Given what I think is coming, anyone selling their Explor stock may be leaving a LOT of money on the table…

$E1H1...'WHERE THERE'S SMOKE'...I’ve heard Dupont is in Timmins this week, attending to details associated with exploration plans for the PG-101, Montrose & East Bay. He will also be visiting major shareholders & prospects, as well as attempting to speed up the outstanding Kidd drilling assays. Further, any suggestion of duplication of actions taken in the past at the company’s Chester property are preposterous. However, as with all of the company’s plans, past property history is a major component of proposed drilling & geophysics moving forward.
Most of you are aware I assisted at the PDAC booth earlier this month. Dr. Alan Alper and I had a great discussion about Explor. In turn, I was sent a copy of this email to Dupont,
Dr. Alan Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA, Pres, Metals News, et al,
“Dear Chris, I enjoyed talking to both of you at the PDAC. I appreciate your editing of our audio interview. As a shareholder myself, I always enjoy reading Goodwithtoys updates. I'm happy with your progress. We posted your featured article on not only www.metalsnews.com, but also www.basemetalsnews.com, www.goldminingnews.com, www.goldinvestmentnews.com, www.silverinvestmentnews.com, and www.preciousmetalsnews.com. We also featured Explor Resources on our Facebook and Twitter pages, with some 29,200 followers.” Given the mounting strength in the GOLD market, driven primarily by a weakening USD, US investors will be turning to reputable websites like Dr. Alper’s, in droves, to discover EXS/EXSFF/E1H1. I’ve also heard things are underway with some new facilities & that translation of key information from Explor’s website is in process, for release to the extensive & growing Chinese mainland markets as quickly as possible.
A very interesting development is unfolding in Timmins, ON, Canada. Apparently, Goldcorp has spent over $50million on a plan to redevelop the old Hollinger pit, and nearby facilities they own & operate, and they intend to spend $2billion on a 50,000 ton a day mill. Their current regional GOLD mining operations are insufficient to support that kind of capacity, so where is the mill feed going to come from? The grapevine is also telling me that Goldcorp is quietly acquiring privately held GOLD claims in the region. To my way of thinking, that makes not only the Company’s Timmins Porcupine West (TPW) GOLD resource more attractive, but many of the other GOLD based assets in the company as well.
To the vast majority of us, who trade through the banks, many of our days’ trading volumes appear very weak. Last Friday, for example, it appears we only traded 5,360 shares. However, www.stockwatch.com paints a very different story at http://www.stockwatch.com/Quote/Detail.aspx?snapshot=SX&symbol=EXS®ion=C. This provides investors with all Toronto Venture Exchange related trading, showing Explor actually traded 453,460 shares. Many major retail buyers & brokers are trading through a variety of Sub-Boards to the TSX-V for price & transparency advantages. Literally millions of shares of Explor have traded this way, as you can clearly see from the link. Personally, dovetailing off the Goldcorp plans, & Tahoe’s needs moving forward, could we be experiencing some manipulation in our market, alongside others in the Timmins Camp? Makes me go hmmm. Its also interesting to note that CD bought 20,000 shares last Thursday. That trade never showed up, as it, too, was filled through a Sub Board.

$E1H1...New Metals News article FYI just posted to that website...http://metalsnews.com/default.aspx
Read more at http://www.stockhouse.com/companies/bullboard/v.exs/explor-resources-inc/1?postid=26016345#MVuRtdc6WVeC4dhf.99

$E1H1...CHESTER & PG-101...We continue to wait on Teck, in regards to their formal plans, and work schedule at the Company’s Timmins Porcupine West (TPW) GOLD deposit. There is a rumour racing around the mining community in Timmins, ON, about the 1,400meter (4,600feet) drill core being analyzed for copper & zinc, from the property adjacent to the northern border of the Glencore Kidd mine. Personally, having spoken to a variety of friends, & associates in the area, I have not been able to find out anything about that. I have heard formal lab results are still a good two weeks away. Turning to the Chester NR that came out last week, I was impressed with the immediate reaction in the market, with 3.3million shares trading hands that day. That speaks volumes to the Copper deposit in New Brunswick, although I expect a Dork, or two, may offer some conflicting views. Explor’s mission is to delineate a potential deposit, which they appear to be doing quite well. The Company is planning additional drilling on the property, but no dates, or budgets have been established as yet. Given some of the numbers, I can see a higher priority being given to that. I’ve been hearing Dupont is planning to drill the PG-101 property, on the heels of extensive geophysics just completed. I would suggest readers visit not only Explor’s website, but also Kirkland Lake Gold. Eric Sprott, and Tony Makuch acquired the Holt mine, adjacent to the PG-101, when they took over, and incorporated St. Andrews Goldfields into Kirkland. Since then, the mine, originally opened by Barrick in the late ‘80’s, has been in production, and extensive new exploration by Kirkland, including eastward towards PG-101, is yielding some excellent grades of GOLD. The PG-101 sits on the same structure as the Holt mine, and the geophysics have provided excellent drill targets. I’m most interested in Kirkland’s reaction, when Explor’s drill rig starts turning, within view of the mine. I know Dupont is anxious to get a program underway. The ‘Metals News.com’ article is in final draft, & should be posted to that, and sister sites mid week, in an effort to enhance interest on the OTCQB in the US. Lastly, the undertaking to inspire a greater footprint in the Chinese mainland is progressing nicely…

$E1H1...CHESTER/KIDD/NEW VIDEO...Responding to the recent comments offered on the Chester deal, Brunswick was unable to fulfill its obligations under the agreement, therefore 100% of the entire Copper deposit remains with EXS/EXSFF/E1H1. Secondly, the Kidd News Release appears redundant, however, additional drilling is planned, above & beyond what has been done to date. Dupont is, and has been for decades, deeply convinced that a mirror deposit to the Glencore Kidd VMS Mine remains undiscovered, and will not give up until he finds it. Having found exhalite on three separate occasions now, where none had ever been found in 50 years of exploration drilling in and around the Kidd mine, has only strengthened his resolve. Let’s remember that he is the guy that discovered, & dilineated the TPW GOLD resource. Let’s also remember that Teck looked at 15 different advanced GOLD exploration prospects before finally committing to the TPW Earn-In. I know he is very anxious to see the assay reports on the recent 1,400meter (4,593ft) deep hole, drilled adjacent to, & north of the mine. The location, and potential VMS target was based on the Down Hole IP (Infrared Polarization) study done December/January, which identified a very interesting anomaly at depth, so, fingers crossed. Further, the German based CEO-Roaster.com has just posted their PDAC interview of Chris Dupont on YouTube at

$E1H1..VIDEO INTERVIEW PRES/CEO... Chris Dupont, President & CEO interviewed March 13, 2017 by G. Tsiolis of Agoracom.com. This video is comprehensive, and speaks loudly to the future of the equity from Dupont's perspective.

http://agoracom.com/ir/Explor/forums/discussion/topics/687210-interview-explor-resources-discusses-tpw-property-with-609-000-oz-indicated-470-000-oz-inferred-gold-amongst-others-exs-ca/messages/2141934#message

$E1H1..PDAC SUMMARY.. The PDAC 2017 was a great event for EXS/EXSFF/E1H1. The Explor booth was a very busy hive of activity, with about a thousand visitors stopping by over the four days. We were able to catch up with a large number of existing shareholders; finally meet some of our newest shareholders; and develop interest with new prospects. We were visited by many brokers, and financiers, offering various forms of project funding moving forward. A video interview was done by our European representatives, along with an audio interview by the American website www.metalsnews.com. Teck representatives, including the Manager for North & South American Exploration, met with Chris Dupont at the booth on the 5th of March to discuss the TPW moving forward. CD met with Teck again on the following Tuesday. We are optimistic things will start happening at the TPW sooner, rather than later. With considerably higher copper prices, the Chester copper resource drew far more attention than previous PDAC events. I was impressed with what I learned about that resource, and its apparent potential as it is further delineated. I’ve been led to believe the final drilling results will be put out later this week. The core retrieved north of the Kidd mine is being analyzed for zinc and copper content. With so much activity in the area, all labs are intensely busy, and unable to commit to timeframes for results. I’m guardedly optomistic we will see a News Release within the next few weeks. I met with the people that performed the geophysics at the PG-101, & the people that did the Duparquet, or East Bay property blocks. They were equally excited about the obvious potential of the targets they found. Obviously, a decline in the prices of GOLD, silver, and copper during the show had an impact on all related equities, including the Big Boys. We have seen increased prices, and volumes during past events, but declining commodity prices; an impending Fed rate increase later this week; and a stronger USD put a damper on that. I do believe that commodity prices will firm up, with the prevailing opinion amongst my peers, & associates that GOLD will realize $1,400, or better in the near future. Some felt that as events unfold in Europe, & the US, that that escalation could take place as early as mid April. Either way, both existing shareholders, and prospects are looking at a very attractive entry, or re-entry point in our equity.
Some new pictures should be posted to the website www.explorreasources.com later this week, and the new video interview with CD shortly thereafter. An updated feature on the American website mentioned above is being edited & should be posted by early next week. Other developments I’ve mentioned in my posts from last week are in process. A new video interview with Agoracom’s George Tsiolis will take place today, or tomorrow.
Lastly, a big thank you for all the positive private messages I received from many of you over the past week. I will respond to them all as quickly as possible. It warms my heart knowing so many of us are like minded about the future potential of our investment.

$E1H1..PDAC DAY THREE.. Today at the PDAC, I thought traffic would be significantly less being the third day of the show. But, even before the official opening at 10AM, the stream of shareholders, and prospective investors began in earnest. I’m quite certain that at least 250-300 individuals came by the Explor booth during the day, and at least three were still in avid discussions about the EXS/EXSFF investment, a good half hour after the doors closed at 5PM. The company hosts a draw every day at 4PM for a paperweight with 3 or 4 grams of GOLD in the middle of it. The draw is from a large fishbowl that folks drop their business cards into. Obviously, this is a wonderful & friendly way to develop an investor prospect pool. Today, Agoracom’s George Tsiolis was on site to record the draw on video, which then was immediately streamed on Twitter. Pictures of the winners with Chris Dupont will be posted to the website as soon as possible. There were some heavyweights through the booth today, offering substantial private placements for consideration. During the course of the day, CD was seen over at the Teck booth. I’m optimistic some progress was made towards the proposed drilling program for later this spring. The latest findings at Chester have provoked a visit this morning by a senior representative of the Canadian Geologic Survey, as the new information gained during recent drilling seems to contradict their previous conclusions. I spoke with Andrew Bell of the BNN Commodities segment for a few minutes. We had a brief, but lively discussion about the Lakeshore takeover by Tahoe last year. His guest this morning is Tony Makuch, who was president of LSG at the time, now president of Kirkland. (Could be some interesting questions asked).
Just so you all know where I’m coming from, I began investing in EXS on the TSX Venture Exchange in June, 2014. This was on the heels of a lengthy discussion with a very dear friend of 30 years who I trust explicitly. We primarily spoke about the Timmins Porcupine West property, as well as the Chester copper property, and some of the company’s other prospects. As a senior geologist, he spoke about the projects expertly. At my friend’s suggestion, I then had a couple of long discussions with Chris Dupont. The next day, I bought EXS stock at .025, and have continued to add to my position ever since, paying as much as .23 for part of my holding. As my holding in the company has grown, I’ve made it my business to not only get to know Chris better, but to offer whatever contribution I could, in an effort to help the company with its plans, and improve its stock price. Mining exploration equities are tricky investments. In our case, we are firmly tied to spot GOLD, and Copper prices. Having invested in some 300 mining exploration companies over the past 35 years, my eyes are wide open about the risks associated with this type of investment. I have made very nice profits on some, and been crucified on others. However, I have learned over the years that when I’m pointing to someone else to blame for any failure, that there are always three fingers pointing back at me. As far as offering my opinion on Stock Bullboards, I do my best to provide good information I feel may be helpful to shareholders, or prospective investors, as it is in my best interest to do so! I also consider being asked to help out at the booth these last three years as both an honour, and a privilege.

$E1H1...PDAC DAY TWO.. I didn’t imagine it was even possible, but the Explor booth at the PDAC was even busier today than yesterday. With the markets active today (Monday), we had a number of visits from brokers, and venture capital groups, discussing the company’s financing needs, and plans through 2017, into 2018. From what I overheard of the discussions, I think the company will be very well financed moving forward, with the help of notable organizations. Droves of private investors came by as well, many of whom spent considerable time grilling Dupont, & the other three on the TPW, Kidd & Chester, & drilling plans for the PG-101 & the East Bay properties. The booth is quite tight, and at times, it was shoulder to shoulder, with everyone engaged in lively discussion. I’m quite sure the PDAC attendance figures today were much higher than yesterday.
Chris Dupont was interviewed at lengths by the group spearheading the European promotional activities, and promised a priority final video edit for distribution in Europe, the company’s website, the OTCQB listing page, YouTube & other financial & social media sites. He was also interviewed by Dr. Allan Alper, who will be developing a written update to the EXSFF story on his financial websites serving a predominantly US investment community. Together with the intended move to penetrate the Asian investor community, I can see volumes improving, as new investors acquire positions in the company’s stock.
I learned that the 1,400meter drill core north of the Glencore Kidd mine has been logged, split, bagged and sent to the lab for analysis. Having encountered Exhalite yet again, I’m anxious to get those results. With stronger Copper & Zinc prices, good results would be good for all of us with meaningful positions. However, we will have to wait a little longer for the Chester final News Release, as I was told the trace elements report on Gallium, Indium & Cobalt has not been received from the lab in Toronto! Dupont wanted to release the final Chester results prior to the PDAC, but instead of producing the results, all he has received are empty promises. I did not hear anything further about Teck, or the TPW today, other than Tahoe Resources is rapidly approaching the TPW western horizon. I’ve contended for some time now my belief that Tahoe will eventually take over the Timmins Porcupine West GOLD deposit. Obviously, that would take a great deal of money, and drive the stock to new highs.

$E1H1..PDAC DAY ONE.. The Prospectors’ & Developers’ Association of Canada (PDAC) kicked off in Toronto this morning. Four senior representatives of the Company were in attendance at Booth #2122 throughout the day. Intensely busy at times, there was rarely a moment when all four were not addressing questions about the Timmins Porcupine West (TPW) project; the drilling north of the Glencore Kidd mine; and not surprisingly, the excellent drill results at the Chester Copper Deposit in New Brunswick. Early on, two senior representatives of Teck Resources dropped by the booth unannounced, and had a lengthy discussion with Chris Dupont. From what I could see, it appeared to be a very friendly exchange amongst the three of them, and I would think, a precursor to a drilling campaign in the later planning stages? A surprising number of private investors visited the booth throughout the day. Those with a position left with a new confidence, and I expect many may add to their holdings. Investors new to the company were impressed with Explor’s property portfolio; the advanced nature of both the TPW, and the Chester deposit; and startled the stock has been in the CDN .08-.09 range. I’m optimistic that some of those folks may be buyers at tomorrow’s open.
Notably, a representative of our German investment group spent a good hour going over the Chester copper deposit with the geologist spearheading that exploration program, and then, discussed additional financing with Dupont. The German media group that’s worked with EXS/EXSFF/E1H1 for some time now was by to arrange a video interview with Chris somewhere during the next couple of days. That, in turn, will update investors through the website, the OTCQB listing page, YouTube, & other social media. Further, an agreement will be finalized with an Australian group which should dramatically enhance Explor’s ‘footprint’ in the Asian wholesale & retail investor market. Being somewhat familiar with the group, as a shareholder, I’m especially excited about that development.
Further, I saw detailed maps, drawings, & schematics for both the PG-101 & the Duparquet (East Bay) properties, prepared by geophysics firms over the past few months. Some very interesting anomalies, & some excellent drill targets have been pinpointed by the experts. Planning of drilling programs will commence on the heals of the PDAC. Besides Chris Dupont, I personally had discussions with two of the company’s other Directors who were both very upbeat about GOLD, and Copper, and the company’s future, during their respective visits to the booth. A number of people made various inquiries about Joint Venturing, ‘Earning-In’, and/or Property Purchase Agreements during the day. Lastly, I think its important to mention that the vast majority of attendees believe that GOLD, Copper, & other precious metals will do very well as 2017 unfolds. More to come…

$E1H1..PDAC..PIVOTAL EVENT?? I am heading to the PDAC, and will be reporting developments as they occur, rather than doing one report next Monday. I’m hearing a number of meetings have already been set up with important services, and facilities that could ultimately influence the stock here in Canada, in the US, and around the world. A new video corporate presentation will also enhance the website, the company’s OTCQB listing page, as well as YouTube, Twitter & other social media. Also of importance, I’m hearing a plan is being developed for a strategic attack on the Chinese mainland wholesale, and retail market, with translation to the local language(s). Once all that is achieved, any concerns we share about price, or volume could disappear very quickly. Add to all that the usual buying enthusiasm just before, during, and after the PDAC, & I’m confident we will see considerably higher prices in the very near future. Any further upward moves in GOLD, or copper should further influence EXS/EXSFF to the upside as well. http://www.pdac.ca/convention/exhibit-presentation-opportunities/trade-show. I invite all readers to pop by Explor’s booth #2122 March 5th through the 9th.
Rather than organizing a video teleconference, Dupont will meet with Teck officials at the PDAC. As the Platinum sponsor of the event, many of Teck’s most senior staff will be present, and available for face to face discussions about the best way to enhance the value of the Timmins Porcupine West (TPW) GOLD deposit through strategic drilling activity later this spring. More on that as it occurs.
The drilling north of the Kidd Mine has achieved a depth of 1,400meters (4,600ft). Some interesting samples have been sent to the lab. Further samples will be shipped once on site core processing is completed. Other than hearing we found some exhalite, I’m unable to get anything further. It almost feels like a gag order is in place, which I always find intriguing. Did the company encounter copper, or zinc at depth? Timmins is a small town. We should know soon enough if the elephant is in the room.
If you’ve been following my postings, you may recall my comments in regards to trace elements at the Chester copper deposit. Samples were sent to a lab in Toronto, for analysis of a variety of elements, including Gallium, Indium, & Cobalt. That report will be integrated into the forthcoming final News Release, which will delay that release until sometime next week, hopefully within the PDAC timeframe.

$E1H1...PDAC.. With the PDAC just two weeks away, Chris Dupont has been travelling, in part organizing new interest in the Explor investment. Today he is having meetings in Montreal, and elsewhere over the next few days, but would not reveal the rest of his itinerary. I do remember the stock did quite well around the time of this annual event, over the last two years. The Prospectors’ and Developers’ Association of Canada (PDAC) is the largest mining exposition in the world, hosted at the Convention Center in Toronto, March 5-8. Explor has successfully participated in the event for many years now. Chris always assembles a truly dedicated, and professional crew to constantly man a very busy booth #2122. With both precious & base minerals values on the rise, my expectation is the PDAC will be hosting record attendees.
We’ve seen some good progress with the drilling north of the Kidd Mine. Despite various difficulties, the crew have achieved a depth of roughly 1,150meters (about 3,500feet). My sources have indicated we have drilled through some exhalate intermittently, and that’s exciting, but continue downward through mafic & ultramafic layers, with the intended target in the 1,300 to 1,400meter strata zone. I’m optimistic that with problems kept to a minimum, we could achieve that depth later this week. Hitting exhalate is the single best indicator that we are close to a VMS deposit.
I am hoping to see the final numbers for the Chester drilling sometime this week. As I’ve expressed previously, I’ve heard some good things about the core, and am anxious to read the official news when it comes out. The rumor suggests the results could easily expand the size & scope of the deposit. The Senior Geo in charge of that is a stickler for detail, but I’m hearing he’s close to turning everything over to the Company. With Copper trading up over the past few weeks, currently at US$2.73/lb, the deposit at Chester is looking more & more attractive.
I’m hearing drilling will take place at both the PG-101, and the East Bay property block during 2017. To my knowledge, a final date & time for the Teck video teleconference has not been established as yet, but the minute I know, you’ll know.

$E1H1...FYI... Last week highlighted a growing variety of commentary on the future (value) of the USD, growing belief in a market ‘correction’, and a bright future for GOLD & silver. Further, a slowdown in South American supply, and proposed infrastructure spending, has copper in the $2.80/lb range. All of that sets up well for growing interest in EXS/EXSFF/E1H1, currently researching a variety of avenues to shine a big light on the Company’s assets, and intentions moving forward. In regards to the TPW, Teck has yet to provide a date & time to do the video teleconference with the Company. I’m hoping for some time before the end of the month.
With the price of Copper steadily climbing, that is shifting more attention on the Chester deposit in New Brunswick. The NB government requires an annual report on the property that is taking time to produce. The geologist in charge of the project has had to focus on that to maintain ‘good standing’. Once that’s completed, the remaining drill results interpretation, and subsequent News Releases will be published. I’ve been hearing good things about some of the upcoming results, but, as with all drilling campaigns, we had some unimpressive holes as well. All in all though, I think the program at Chester exceeded expectations, and is certainly worthy of additional drilling to further delineate the deposit. Obviously, any significant information would lead to a 43-101 upgrade.
Feb, 2017 Brien Lundin, Goldnewsletter.com, “It may be hard to imagine with the Dow finally breaking through 20,000 and gold slipping in recent trading sessions, but the stock bull market is very long in the tooth and greatly over-extended. The smart money is worried, and a correction is inevitable. Whatever factor precipitates the fall in stocks, you can bet that it will also send investors rushing to the safety of GOLD.”
Feb. 12, 2017 Avi Gilburt, Seeking Alpha, “When I take all the evidence into account, it seems to be pointing to the upcoming week being quite important for this complex (GOLD & silver). The set-up is in place for a powerful move higher in the short term. And, since we are not able to tell you whether the market will take advantage of this set up, we certainly can point to the evidence that suggests that all the ingredients are in place for such a strong rally to take hold.”
Feb. 13, 2017 Macro Analytics, Seeking Alpha, “We'll get speeches from five regional Fed Presidents and Janet Yellen's semiannual monetary policy report to congress. Next week's monetary policy speeches and economic data could provide the catalyst to realign market perceptions with either a more hawkish Fed, or the possibility of a weak and/or stagflationary economic environment. Either of these developments will likely result in major movements in the U.S. Dollar.”
Issues with water, drill bits, and the like north of the Glencore Kidd mine, have slowed progress on the first of two, or three drill holes the company may be drilling. My most recent information puts them at just under 1,000meters of depth. They continue to drill through mafics, and ultra mafics, boxing the core as they go. We continue to hope the exhalite will appear with each turn of the drill, and the VMS below that. Slow but steady down we go.
I’ve been led to understand drilling intentions at PG-101 are a function of finalizing some agreements, a process that is underway. Further, geophysics have been completed at East Bay, and a report should be in CD’s hands within 2-3 weeks. At that point, drill targets can be established, and an exploration program developed.

$E1H1 GOLDEN FUTURE? Demand on possessing Physical GOLD is growing. My perception of a variety of geopolitical factors breeding investor fear in the Sovereign and Corporate Bond markets, the ‘overbought’ Major Equities Markets, and diminishing trust in the US dollar suggests mounting strength in GOLD’s value. We are seeing some of those investors turning to GOLD, and GOLD based equities. A major GOLD BULL market appears to be on the horizon? The boys at Teck are seeing & reading the same stuff we are, so I’m thinking developments at the Company’s Timmins Porcupine West GOLD deposit will come sooner, rather than later?
Seeking Alpha, Jan31, 2017, The latest GOLD import and export figures into and out of Switzerland both showed huge increases in December with exports to China a particularly notable 158tonnes compared with a rather small 30.6tonnes in the previous month. GOLD flows into the Chinese mainland from Hong Kong also picked up in December.
Daily Reckoning, Byron King, Feb2, 2017, Right now, almost all of China’s retail, investor-driven demand for GOLD is met by the Shanghai Gold Exchange. Established in 2002, the SGE is wholly owned by the Chinese government. In recent years, the organization has become the largest facility in the world for bullion sales and trading, with money and metal passing through a network of 55 vaults.
Its estimated in 2016, the SGE moved over 2,000 tonnes of GOLD into Chinese investors’ hands. It’s a mix of new production GOLD, and imports of GOLD from western inventories. All this demand and sale, even though recent GOLD price premiums on the SGE have been as high as 25% above the global-posted spot price. This reflects the physical scarcity within Chinese GOLD trading channels.
The SGE has over 10million customers, and it’s just a beginning. As China continues to try to combat its economic, political and social issues, we must confront the idea that the SGE could become the source for explosive growth in customer numbers, and GOLD demand, in the years to come. And, I might add, this is only ONE area of growing demand around the world!
Kitco News, February 3, Next week, with little economic data to be released, analysts agreed that GOLD will focus on geopolitical uncertainty, which doesn’t appear to be abating any time soon. Not only will geopolitics support the precious metals complex, but the threat of an imminent Federal Reserve rate hike has now disappeared. The author stated “Wage growth shows that inflation isn’t a major concern right now and that means the Fed has no ammunition for a March rate hike.”
Kitco, Wagner, Feb3, The increasing ‘uncertainty factor’ has put dynamic pressure on the US dollar, which closed dramatically lower last week. Now for the fifth consecutive week we have seen the US dollar under pressure, moving to new weekly lows. The combination of uncertainty and a weak US dollar are the necessary ingredients to fuel a bullish rally in GOLD and maintain increased momentum.
CNN Money, During the last five trading days, volume in put options has lagged volume in call options by 33.17% (a ratio of 3Calls to 2Puts) as investors make bullish bets in their portfolios. However, this is still among the highest levels of put buying seen during the last two years, indicating fear on the part of investors.
Slow & steady, the drill continues to turn north of the Glencore Kidd mine. The latest information I have is from last night. A depth of 790meters (2,592ft.) has been achieved so far. The understanding I have is we are continuing to see Ultra Mafics as we continue our descent towards an interesting anomaly detected during the Down Hole Infrared Polarization testing done last December. Hopes are we will hit Exhalite, and, in turn, the VMS deposit Dupont is convinced is down there.
The geologist that spearheaded the drilling at the Chester property is meticulously combing through the core lab results to present his conclusions moving forward at this Copper Deposit. Based on what little I’ve been able to find out, it appears reasonable that the strike line could be extended, substantially increasing the size of this resource. I’m sure further Press Releases may speak to that. Geophysics at the Company’s PG-101 property are complete, and a drill program is intended, although not officially in the planning stage at this time. East Bay geophysics are ongoing, and I do not have a target date for completion, although CD is pushing hard to get their report ASAP, as he intends to drill later this spring.

$E1H1...MARKET UNCERTAINTY... Year of the Rooster! Chinese markets will remain closed for most of the week as Lunar New Year celebrations kick off for much of Asia. Asian markets will reopen on Friday.
"This is not about religion." The rapid-fire barrage of Executive Orders coming out of the Trump White House is unprecedented. I have been following US politics since the Kennedy election campaign in 1959, and can say with absolute certainty, I have never seen anything like this! Unlike 99% of politicians worldwide, Trump is actually attempting to fulfill every promise he made during his campaign, albeit, with little concern about potential consequences, as witnessed dramatically over the weekend. Today’s market activity in the US may reflect a new nervousness, instead of confidence, in the stability of those markets, and the USD?? Adding to (today’s) pressure on markets, data on Friday showed U.S. economic growth slowed more than expected in Q4, with GDP rising at a (disappointing) 1.9% annual rate.
Kitco News, Jim Wyckoff, Jan30, “The world marketplace is still a bit nervous regarding actions the new U.S. president has taken or may take. This uncertainty and any related world stock market weakness is at least a mildly bullish element for the safe-haven GOLD market.”
Seeking Alpha, Andrew Hecht, Jan30, “Fear and uncertainty is still a major theme in markets across all asset classes. We have witnessed dramatic political changes in the world over recent months that will reshape the economics of the world. Currency volatility has increased, the dollar broke out to the upside rising to the highest level since 2002 only to come back down and fall below the technical breakout level. Elections in Europe could change the face of the continent and threaten the very future of the European Union in 2017. There are many uncertainties on the horizon that could create a feeding frenzy for GOLD. Moreover, it is starting to look like inflation will rear its ugly head and nothing can ignite the yellow metal like an inflationary spike.
Given the back-drop of some of these current comments, GOLD miners should be quite enthusiastic about future earnings potential, and the need to accelerate exploration. Tahoe announced a continueing aggressive drilling plan on the Gap144 property, which sits on the same structure as Explor’s TPW. The last I heard, they are moving eastward, within a couple of hundred meters of TPW’s western border. The incentive for Teck to enhance the known value of the Timmins Porcupine West GOLD deposit is exemplified with each turn of a Tahoe drill. Given the infrastructure of the Tahoe operations, within a stone’s throw of the TPW, they are the only logical buyer of the TPW. Further, until the day that Teck has spent $8million (they’ve spent $3million), the TPW remains 100% an asset of EXS/EXSFF. Teck would be insane NOT to spend $5million on drilling to earn their initial 55% outright, given the present deposit modelling suggests 30million plus ounces of GOLD. Their process might be slow, but meticulous, and thorough. Initial indications were a $2-$4million drill campaign. I’ve heard nothing to suggest otherwise, although the video teleconference with Dupont is still pending.
Have you ever played a slot machine, hit the button a bunch of times, lost your money, and your patience, uttered something awful and moved to another machine? Then, looked back to see the next guy hit the jackpot on the slot machine you just gave up on? Murray Pezim drilled 79 holes before he found Hemlo! Dupont has drilled 5 holes at Kidd. Its rumoured the recent geophysics north of the Kidd Mine detected something very interesting at the 600-700meter level. The drill is currently at the 440meter level. Given minimal problems, we should achieve that depth in a matter of days. Thus far, we have been drilling through a thick layer of ultra mafics. I’m optomistic we will encounter exhalite at any moment, and then, hopefully, the elusive VMS. You’ve got to respect Dupont’s tenacity & determination. Those are the qualities that found the TPW.
The geologist evaluating the drill results from the Chester Deposit is meticoulously preparing his report for Dupont. I am very hopeful that some of the additional results will be as good as those reported in the last announcement, given the recent rise in Copper prices. The Company is still awaiting the trace elements report, covering Gallium, Indium, & Cobalt.

$E1H1...DRILLING AT KIDD!! With far more certainty than ever before, the drill is turning at Kidd! Over this past weekend, the Company moved a deep drill rig & crew onto the property adjacent to, and north of the Glencore Kidd Mine. The new drilling is 25meters north of Hole#3 reported last year. The Down Hole IP produced a very interesting anomaly at the roughly 600meter level, which this drill is targeting at an inclination of +.75 in a southerly direction. The crew & management believe, barring any problems, 100meters will be achieved daily the next five days, and roughly 75meters daily thereafter. At that pace, we should get to the really ‘interesting’ stuff by next Monday, or Tuesday. Last summer, we encountered graphitic argillite, massive sulphides, exhalite, and some zinc, so obviously, a VMS deposit is in play. Secondly, further indications at the Chester property in New Brunswick are exciting as well, and I’m expecting a further announcement from the Company, hopefully by Friday, potentially extending the westerly horizon of the known deposit. Lastly, a formal date and time for the Teck video conference to discuss the drilling plans at the TPW has not been finalized, but most definitely on the front burner, given GOLD’s recent rise. Speaking to that,
Kitco News, Jim Wyckoff, Jan23, 2017, The world marketplace is still anticipating moves from the new Trump administration on this first full week of his U.S. presidency. Trump has promised fast action on many fronts and that has traders and investors still a bit apprehensive, which is bullish for safe-haven GOLD.
The U.S. dollar index is weaker to start the new trading week. There are some early technical clues that the dollar index has put in a market top. Prices have been trending lower for three weeks.
Seeking Alpha, Andrew Hecht, Jan23, 2017, GOLD is a barometer for fear and uncertainty on the global landscape. The dollar is the benchmark pricing mechanism for GOLD and there is an inverse relationship between the currency and the precious metal. We have seen lots of volatility in the dollar over recent weeks and it is likely that the price path of GOLD has been a result, at least in part, of that volatility.
Speaking to the US markets, I really liked this comment,
Pawoto Investments. Jan23, 2017
To be fair, I'm probably suffering from "confirmation bias" - i.e. looking for arguments to confirm my thinking - but the contrarian in me can't justify current market levels. To quote Mark Twain, "Whenever you find yourself on the side of the majority, it is time to pause and reflect." The bottom line? Risk is skewed to the downside because the market has fully priced in the good news it expects under Trump. There is an old saying on Wall Street, "Buy the rumor, Sell the news". More recently, the saying has morphed into "Buy the election, Sell the inauguration", that will prove to be the trade of 2017.

$E1H1...TRUMP GOOD FOR GOLD??... CD gave me a great laugh when he called Donny Trump ‘Our man in Washington!’ Our American friends are celebrating Martin Luther Day, and their markets are closed until tomorrow. For those avid readers amongst us, a variety of economic influencers will unfold through the week, topped off with Trump’s inauguration speech on Friday. Here are some notable comments from last week, and this morning:
Mr. James Dines… The Dines Letter Jan 13,2017… “my next targets are $3,000 to $5,000 an ounce. That depends on the folly of the worlds leaders but the end will be tragic. Please understand that GOLD is not rising, the value of our paper money is shrinking by oversupply – supply and demand. There's a cycle in currencies, they move up and then they move down to correct the excesses.”
Neils Christensen, Kitco News…Jan 13, 2017…”GOLD could continue to perform well in next week’s (this week’s) shorted trading week as the “Trump effect” loses momentum ahead of President-elect Donald Trump’s inauguration Friday, according to some analysts.
GOLD was driven to a seven-week high, after investors were disappointed that Trump, in his first press conference since his election win, didn’t provide any new information on his economic and fiscal proposals. GOLD is up almost 5.5% since the start of the year.
‘Trump is turning out to be GOLD’s best friend’, said Ole Hansen, head of commodity strategy at Saxo Bank. ‘We just don’t know anything about his presidency and that uncertainty is playing into GOLD’s hands.’
Darin Newsom, senior analyst at Telvent DTN, is also looking for political uncertainty to support GOLD in the near term as there are still three weeks to go before the next Federal Reserve monetary policy meeting, which is GOLD’s ultimate driver.”
Dean Popplewell, Seeking Alpha…Jan 16, 2017…GOLD prices have edged up overnight (+0.6% to trade at +$1,204.8 an ounce), supported by safe-haven demand due to uncertainty over U.S. policy ahead of President-elect Donald Trump's inauguration and amid concerns over Britain's exit from the E.U. Note: Bullion last Thursday touched a high of +$1,206.98, its best since Nov. 23. Data released on Friday indicates that Hedge funds and money managers (in the week to Jan. 10) have raised their net long position in COMEX gold contracts for the first time in nine-weeks.
Dupont is at the Company’s corporate office to host the AGM tomorrow. He is finalizing details to re-enter one, or two drill holes north of the Kidd mine. That’s mostly about interpretation of the findings & recommendations of the Down Hole IP Geophysics report received late last week. Those discussions are ongoing, but he is anxious to get the drills turning as quickly as possible.
I’m getting a sense that there’s more to the Chester Copper property story yet to unfold. The company is still waiting on lab results for six of the ten holes drilled, and we all experienced the market reaction after the NR last week. At least two of the unreported drill holes were west of those already reported by News Releases. These ‘Step-Out’ holes appear to have the potential to extend the known strike length of the mineralized zone by a significant amount. That would be huge.
With a view to drilling at the PG-101, and at East Bay this year, Dupont is pushing to handle some administrative issues, and complete Geophysics surveys. He’s also in the midst of finalizing an agenda for the upcoming video-teleconference with Teck, which should take place shortly.

$E1H1...AGM...All shareholders should have received AGM (Annual General Meeting) documentation by now, either directly from the Company, or by way of your broker. If you haven’t, and want to register your vote, contact your broker, or email the Company directly through the website. The actual meeting will take place 10AM January 17th, but I encourage all to vote by Friday, the 13th, to ensure your vote is included in this process. Voting is really simple. The Cover Page of the AGM package is entitled ‘Voting Instruction Form’. Halfway down the page is your personal ‘Control Number’. Go to ProxyVote.com & enter the number. That’s pretty much it.
Many of us were quite convinced that some ‘unfriendly’ forces were buying large blocks of stock, especially as we traded about 120million shares Jan 9, 2016- Jan 9, 2017, over all the trading systems for EXS/EXSFF/E1H1. So, for those of us that want to maintain continuity, its imperative we vote our stock. Regardless of the size of your position, every share counts!
Some of the factors influencing GOLD, that I’ve touched on over my past couple of postings, have been playing out, moving GOLD forward by $50/oz in the last week and a half, currently in the USD$1,182 neighbourhood. Because its my nature, I always hope upward movement will continue, given our stock price is a function of the GOLD Fix. In my opinion, I don’t see much drama in the markets until Trump officially takes office January 20th. Even then, it will take months, if not years, to even initiate some of the bold initiatives he promised moving forward. Any flip flops, or change in direction will have meaningful reactions in the markets, and if perceived to have a negative effect on the USD, GOLD will move up rapidly. Also, in my opinion, for the US economy to improve (i.e. more jobs, more profit), the USD needs to be devalued, to enhance their weak export market.
The current landscape for GOLD & precious metals exploration is tough, but hardly seems to affect Chris Dupont at all. The last I heard, he was evaluating some additional results from the Chester drilling, gradually trickling in from the assayer’s office. The lab results for the trace metals should be arriving in the next two to three weeks as well. We may see two or three News Releases before the dust settles on that. Secondly, the Down Hole IP report for the Kidd drill hole re-entry wedging and inclination remains in limbo, awaiting some final approvals prior to release to CD. Final budget approvals are underway at Teck, so our discussions with them appear imminent. That would be great if they decide on a major drilling program at the TPW. Other than that, geophysics are continuing on various Company properties…

$E1H1...HAPPY NEW YEAR!! Still nervous about GOLD? Here are a few quotes from very credible, and closely followed analysts. “As a central bank (or an investor) with hundreds of billions in reserves, which would you rather own? The Debt obligations of a nation that is issuing increasingly more currency to cover rising fiscal deficits, or GOLD, a global currency that is not only at an all-time low compared to US debt obligations, but is being produced in lesser and lesser quantities with the current price not high enough to maintain GOLD production? Maybe, just maybe, the consensus on a ‘Stronger US Dollar’ may be wrong, and without any currency looking anywhere close to healthy enough to replace the dollar's position in investor and central bank portfolios, we think that GOLD makes the best way to play this(our) contrarian trade.”
“The GOLD price will climb above $1,500(US) in 2017, with the potential to claw back towards all-time highs in the event of a currency crisis, major war or other black swan event. December 2015 will prove to be the bottom of the correction and GOLD will once again embark on a multi-year bull cycle. The dollar may rally a bit higher, but the USD index will ultimately drop back below 100 during 2017 as government spending picks up and deficits soar (currently at $20Trillion!!). The de-dollarization trend will continue in earnest. The stock market will crash hard, retracing at least 1/3 and up to 1/2 of the gains realized since the 2008/2009 financial crisis. Equity valuations are frothy by any number of measures (25+ times earnings!!) as investors have been chasing yield in the NIRP economic environment. Once the slide begins, panicked investors will rush for the exits.” (And, where will they go? GOLD).
“Physical demand for GOLD continues to be active around the world. Central banks have been net purchasers of the yellow metal with most buying coming from Russia and China, who have been adding to national reserves. While these monetary authorities bought around 550 tons in 2015, official sector purchases this year are likely to be closer to the 400-ton level. In November, Russia bought one million ounces of GOLD. Currency issues in India have increased demand for the metal and a change in Sharia law allowing people to own GOLD and GOLD instruments could add to physical and derivative demand in the months and years ahead.”
So, given the above, our resource at the TPW, and Teck’s upcoming drill campaign, wouldn’t a position in EXS/EXSFF make sense to you? As an existing shareholder, wouldn’t averaging your holding make sense to you? Clearly, a sharp increase in the price of GOLD will lead to 30-100% gains in IAMGOLD, DETOUR, GOLDCORP & other producers, but the active GOLD explorers will see 300-500% gains, as history has proven in the past. At this time last year, EXS/EXSFF was trading at current levels, .075CDN. By the end of February, 2016, the stock was trading at .24CDN, or a gain of 320%!
The most recent MD&A indicates not only a variety of GOLD bearing opportunities for the Company to explore, and exploit in 2017, but also a healthy Treasury to make it all work. Geophysics reports at Kidd, East Bay, and the PG101 are in process; drill results at the Chester Copper Deposit trickling in, and drilling at Kidd, and the TPW will be commencing in short order.

$E1H1...A BRIGHT NEW YEAR? My hope for all readers of this posting is that you all had a wonderful time celebrating Christmas in your own way surrounded by friends and family. Between my various events, I was stunned by the sheer volume of commentary on the future price of GOLD. Given my obvious interest in the yellow metal, and its impact on EXS/EXSFF stock price, I typically cherry pick positive indicators to support my belief that GOLD will escalate in the near future. In all good conscious, although my gut tells me we are heading up from the $1,130 neighbourhood in the New Year, capital flight from various dubious currencies around the world into the USD is putting a damper on that. The price of GOLD is a reflection of the perceived value of the USD, and that perception is fueled by demand. I’ve been hearing about a probable correction in the USD to the downside, but the myriad of factors contributing to that notion are confusing at best. So, for me, the jury is still out on that one. I’ve also been reading about diminishing supplies, and growing demand on GOLD by Russia, China and India, and a further anticipated demand from the Muslim community. That for me breeds hope as I continue to add to my position in EXS/EXSFF, taking advantage of the tax loss selling through year end. Apparently, CD bought 25,500 shares near the close last Friday at .07CDN, suggesting he thinks GOLD will do better as we move into 2017?
The Down Hole IP has been completed north of the Kidd Mine. A drill rig has been moved to the site to continue drilling from recommended wedging levels, and inclinations within the existing drill holes from last summer, starting in early January. The Geophysics report should be finished and in CD’s hands by Friday. Given the rental rates on both rig and crew, CD is pushing for a January second, or third start to the drilling process. Having encountered Exhalite (a known precursor to VMS deposits) on two separate occasions last summer, I’m pretty optimistic about this upcoming program.
A relatively large number of core samples were sent to the lab from the Chester Copper Deposit in New Brunswick. I’ve heard that some new results are as good, or better than those announced last month, although quite a few assays are still forthcoming, given the usual seasonal delays. I suspect we’ll see that news somewhere in the next couple of weeks.
A teleconferencing date, and time have not as yet been established for the Teck/TPW drilling campaign. I do believe, however, that with Tahoe encroaching ever closer to the TPW from the west, that Teck will be inspired to accelerate their efforts on the property. More on that to come.
The geophysics report on the Company’s PG-101 property is being finalized as I write. The report indicating some interesting anomalies and targets, will be in Dupont’s hands shortly, and decisions can be made on possible drilling on the property in the New Year. Likewise, geophysics are ongoing on the Montrose property, 3,432Hectares west of Kirkland Lake, Ontario. This is a ‘new’ one to most of us, but info is fairly comprehensive in the Company’s website. Again, dependant on the geophysics, a drilling program may be undertaken in the New Year. Geophysics are also being performed on the East Bay properties near the Town of Duparquet in Quebec. Laying within the Porcupine Destor Fault zone, representing 2,632Hectares, I’m pretty sure drilling will be done during 2017, especially in view of Flow Through provisions on much of the Private Placements subscribed in November & December, 2016.
All in all, we have tremendous ongoing activity on a number of fronts. In spite of market conditions, or the Holiday season, CD continues to motor forward.

$E1H1..MERRY CHRISTMAS.. We surely do live in a financial world of ‘smoke & mirrors’. I’m sure even Houdini would be impressed. Given the multiple rounds of Quantitative Easing, we have at least two to three times the number of US Dollars representing the total wealth of the United States. The perceived value of the USD should be, at best, half of what it is. Add to that the Trump administration of tax cuts & a further deficit trillion dollar infrastructure initiative, and in my logical mind, the value of the USD falls even more. How do they service twenty trillion dollars of debt? Further, we have growing demand for GOLD from China & India, and the Muslim world is about to enter the physical GOLD market. You would think Gold’s relevance to the financial markets; trading in the commodity, and equities focussed on GOLD would be moving dramatically higher on a weaker US dollar, and yet, here we are today with a USD as strong as its been in 30 years! My point is, ultimately, it makes no sense to me. The only valid conclusion I can draw is the collusion, and manipulation is on an unprecedented world wide scale, in our case, dictated largely by the COMEX GOLD futures market, who routinely issue tens of thousands of contracts without the underlying physical GOLD to back them up. Much as the Tech Bubble of 2000, at some point, this entire house of cards will come crashing down, and little equities like EXS/EXSFF, with its portfolio of GOLD properties, will have its day. At .07, it feels like buying a Ferrari for the price of a used Volkswagon.
Any way, CD had a great trip to Timmins. He met with the geophysics firm doing the Kidd Downhole IP, and they have commenced work on site. Dupont believes they can complete the process by the end of the year. Their report will provide the insight necessary to determine the best wedging points in the existing holes drilled last summer. We will know what depth to set the wedge, and at what downward angle, to maximize our potential for finding the VMS deposit CD is convinced is there. If all goes according to plan, we should be drilling on site in January.
The lab analyzing the remaining Chester Copper cores has promised the results by Christmas, being analyzed for Copper, Gold, Silver, Lead and Zinc. I’ve heard the visible chalcopyrite throughout all the core extracted was very impressive. I’m hopeful the remaining results will be released before the New Year, and I’m deeply convinced that the 43-101 on the property will need a very serious upgrade.
Geophysics at the PG-101 property have been completed, and some interesting anomalies discovered. I suspect drilling in 2017 will include a serious program at this property. Geophysics continue on two other fronts, but with property acquisitions pending, I have not been able to get specifics at this time.
Lastly, a specific date has not as yet been set for the Teck video conference concerning the drilling program at TPW, but Chris thinks it will be high on their agenda for early next month.
To all of you taking time to read my posts, both Minions, and Dorks, my family & I wish you all a Very Merry Christmas, and a Very Profitable New Year!!

$E1H1 FINANCING 2017... As a long-term shareholder in the company, its really nice to see the financial support of a growing core of serious investors in the Private Placements over the past few weeks, in spite of the price of GOLD. I have to assume these people believe, as I do, that GOLD is going to do very well as we move into 2017? I’m sure all of us have an opinion on that? One thing that is for certain, though, is the prevailing price of Copper, in the US$2.65 range. In retrospect, six copper mineralized zones over a couple of hundred meters in just the first drill core reported from the company’s Chester Property in New Brunswick is spectacular. Quoting an excerpt from the November 30 announcement, “The Chester Property is known to contain both a copper deposit and a VMS deposit. The copper deposit has an Open Pit resource with Measured & Indicated resource of 1,400,000 tonnes grading 1.38% Cu, 0.06% Zn & 3.5 g/t Ag and an inferred resource of 2,089,000 tonnes grading 1.26% Cu (assayed for Cu only).” Additional results on the other holes drilled should be released before the end of the month. I would think the ‘Measured & Indicated’ figures quoted above will require a significant upward adjustment on the heels of the expected News Release? Hopefully, the results of the Indium, Gallium & Cobalt testing will add a meaningful value to the deposit as well.
Geophysics continue on three of the Company’s properties in preparation for drilling in the New Year. Those results should be released to shareholders as the reports become available to management. Addressing the nagging question about the Company’s Kidd property, I’m happy to report all details relative to the Downhole IP delays have been resolved. With guarded optimism, CD is hoping the Geophysics firm can complete their work over the next number of weeks. He’s in Timmins this week to facilitate that process, and visit with some of the Company’s senior shareholders. Once that’s done, re-entry & wedging from one or two of the holes drilled last summer becomes imminent.
A video conference with Teck geologists, and officials is slated for some time in January. That should give us a fairly good idea about the planned drilling program at TPW including how big, exactly where, and, of course, when? We know what these guys can be like, so let’s not hold our breath.

$E1H1 TOWARDS 2017 Last week I provided some insight into the importance of three main trace metals present at the company’s Chester Copper deposit. I have heard that a number of samples from the recent drill core have been sent to the lab for analysis for Indium, Gallium & Cobalt content. I’m hopeful that the results are really good & will add significantly to the deposits value. The Induced Polarization (IP) process at the PG101 property is moving along nicely, although hampered somewhat by issues with the weather. That process should yield a number of interesting targets for a drilling program in the near future. Likewise, I’ve learned that geophysics are being performed on a couple of the company’s Quebec properties, although I have no details to offer at this time. Much of the recent Flow Through Financing demands that the funds must be spent on exploration in Quebec, so I have to believe drilling on one, or two of the company’s Quebec properties must be in the plans for 2017. Again, a reminder that a visit to the company’s website will provide tremendous insight into the various properties held by EXS/EXSFF. Complete descriptions, and geologic histories are also included for all of the company’s assets.
I had a chat with CD dwelling specifically on the price of GOLD, given its obvious importance to the equity. That was a lively debate, I assure you, as we both do a tremendous amount of reading, and pay very close attention to events around the world. I expect many of us contributing to the stock boards, and those reading our postings, are doing the same. CD shared he thought GOLD would be trading in the US$2,000 range by now. I was thinking more in the US$1,450-$1,500 range. Either way, that would have EXS/EXSFF trading at two to three times where it is at the moment, at the least. We agreed there are a number of events in the very near future which could move GOLD pricing dramatically upward, specifically the interest rate increase expected by the Fed later this month; demand from India, & China, as well as the new Islamist Laws bringing the wealth of 1.5 billion Muslims to the physical GOLD market.
I received a private message which read in part, “Was CD given any indication from Teck as to when budget approval may occur for the TPW drilling? Are you still hearing plans of Teck spending in the 2-4 million range for this new round of drilling? Hopefully CD will issue another NR with these updates/details on the drilling as they become available.” This is how I responded, “The amount of time, and effort, and money poured into the TPW by Teck to date, and the subsequent findings of all the geophysics performed, can lead to only one scenario in my mind. I truly believe Teck’s next move will be a very aggressive one. They could even exceed the $4million figure looking ahead. This notion is supported by the intense exploration west of the TPW by Tahoe, on the same geologic structure the TPW deposit sits on. I think we would be sadly wrong if we chose to think Tahoe and Teck aren’t sharing information at the corporate level? Budgetary decisions of this magnitude require senior management approval. I think that process will move more quickly when GOLD does its anticipated correction beyond $1,350. No one at EXS has any influence on Teck’s administrative process, so, when drilling will commence is still up in the air. Frustrating for all of us investors for sure, but I think Teck would be flipping idiots not to do as I’m suggesting…”

$E1H1 CHESTER TRACE ELEMENTS... I’m expecting to see a News Release later this week providing some preliminary results from the recent drilling on the Company’s Chester Copper property in New Brunswick. Initial indications appear to be very promising, especially considering the rising price of Copper on the world market. Like most prospective deposits, the Chester has some history. I recently heard that a fairly comprehensive report was done on the property dating back about ten years. Not only does it speak to the Copper potential near surface, but, largely overlooked, it also talks about three very specific trace elements found during previous exploration. These are Indium, Gallium & Cobalt. Most Indium is used to make Indium Tin Oxide (ITO), which is an important part of touch screens, flat screen TVs and solar panels. Indium conducts electricity, bonds strongly to glass and is transparent. Indium Nitride, Phosphide and Antimonite are semiconductors used in transistors and microchips. Indium metal sticks to glass and can be used to give a mirror finish to windows, and as a protective film on welders’ goggles, for example. It has also been used to coat ball bearings in Formula 1 racing cars because of its low friction quality. An Indium alloy has been used for fire-sprinkler systems in shops and warehouses because of its low melting point. Indium is one of the least abundant minerals on Earth, and currently trades at US$298/kg. Typically, Indium is found associated with zinc, iron, lead and copper ores.
Gallium is a soft, silvery-white metal, similar to aluminum. Gallium Arsenide has a similar structure to silicon and is a useful silicon substitute for the electronics industry. It is an important component of many semiconductors. It is also used in red LEDs (light emitting diodes) because of its ability to convert electricity to light. Solar panels on the Mars Exploration Rover contained Gallium Arsenide. Gallium Nitride is also a semiconductor. It has particular properties that make it very versatile. It has important uses in Blu-ray technology, mobile phones, blue and green LEDs and pressure sensors for touch switches. Gallium readily alloys with most metals. It is particularly used in low-melting alloys. It has a high boiling point, which makes it ideal for recording temperatures that would vaporize a thermometer. On the world market, Gallium trades at US$241/kg.
Cobalt is a lustrous, silvery-blue metal. It is magnetic. Cobalt, like iron, can be magnetized and so is used to make magnets. It is alloyed with aluminum and nickel to make particularly powerful magnets. Other alloys of cobalt are used in jet turbines and gas turbine generators, where high-temperature strength is important. Probably the most significant use of Cobalt is in battery technologies being applied extensively to the growing electric and hybrid vehicles market. Cobalt metal is sometimes used in electroplating because of its attractive appearance, hardness and resistance to corrosion. Cobalt salts have been used for centuries to produce brilliant blue colors in paint, porcelain, glass, pottery and enamels. Radioactive Cobalt-60 is used to treat cancer and, in some countries, to irradiate food to preserve it. Cobalt is an essential trace element, and forms part of the active site of vitamin B12. The amount we need is very small, and the body contains only about 1 milligram. Cobalt-60 is a radioactive isotope. It is an important source of gamma-rays. It is widely used in cancer treatment, as a tracer and for radiotherapy, and a variety of other uses. On the world market, Cobalt trades at US$30/kg.
The core produced at Chester has, and is being tested for Copper content. It will, I understand, be tested further for the metals described above. Given the current prices quoted herein, and the current Copper price in the order of US$2.65/lb, the gross value of production, including the exotic trace metals, could be the equivalent of twice the current price of Copper! That would be very interesting indeed, especially given the values near surface, and the practicality of open pit vs. underground mining operations. The trace elements values could be a real game changer moving forward.

$E1H1 GOLD $5,000??? Not to sound like an endorsement, but Doug Casey is a very well known, & world renown GOLD investor. ‘The Casey Report’ has been published since the late seventies. I listened intensely to his most recent newsletter promo, and was impressed with the reasons put forth for a massive move on GOLD. He specified the date December 31st as the beginning, perhaps sooner, for GOLD to move to $5,000US. He has predicted massive moves on GOLD CORRECTLY on three previous occasions. His general philosophy is that for every dollar upward movement in the price of GOLD, investment in GOLD exploration companies has a potential return of 10-30 times, and that’s where he places his money, rather than Futures, or Bullion. His reasoning seems sound, and you can access the 15minute promo at the following link: https://www.caseyresearch.com/cm/date-gold-is-poised-to-soar-presentation. Obviously, one needs to keep their own counsel on this opinion. Just for fun, let’s pretend he’s only half right this time, and GOLD goes to $2,500/oz. Obviously, companies like Barrick would see their shares double, or triple. Any company with production, or near production, would see the same result. Following Casey’s philosophy, what about EXS/EXSFF?? The TPW advanced exploration project would certainly make the company a preferred investment amongst the explorers, wouldn’t it? Given the preceding thoughts, the forthcoming Teck announcement has even more significance. I’m hearing its slated for release later this week, but, as usual with those guys, I’m not holding my breath! We should, however, see some partial results from the recent drilling on the Chester Copper property in New Brunswick. Most of us are aware of the massive recent uptick in Copper, currently at $2.53US/lb. I’ve been hearing the drill program had some really nice intersections, within 200meters of surface, making this a realistic open pit candidate. An established relationship with Teck, focussed on Copper, might be useful down the road?? Lastly, the bulk of the recent financings were of a Flow Through nature, meaning they have a tax benefit to the participants. The Company, however, to maintain that tax exemption, must spend the $1.4million to date on exploration drilling by the end of 2017. Geophysics, in preparation for drilling, are being performed on three separate properties as I write, so, obviously, CD has some candidates in mind….

$E1H1...A NEW WORLD... I must admit that when I suggested last Monday the American election could go the way of Brexit, I really did see that as a stretch, given the populist candidate, and his ‘platform’. The notion that Trump as president would topple the markets, and send GOLD to new vistas, also lasted for mere minutes! As many of you are aware, I’ve been investing in Junior GOLD Exploration for a very long time. In all that time, I have never witnessed anything like what has happened in this past week. The US dollar continues to rise; the Dow continues to climb, and the price of GOLD continues to weaken. A new kind of megalomaniac is about to run the United States, this one with absolutely no political experience whatsoever, and the Dow, and the dollar climb? Honestly, I just don’t get it. Further, quoting from Seeking Alpha, The outlook for global sovereign ratings is negative possibly until 2018 amid expectations for low economic growth and high public-sector debt, according to Moody's Investors Service. Around 26%, or 35 out of 134 sovereigns, currently have a negative outlook, marking the largest proportion since late 2012. The news comes as a two-day thumping wipes out more than $1T across bond markets worldwide. Its been widely suggested that Sovereign debt would represent the fundamental precursor to a sharp decline in markets worldwide, which should, in turn, be good for GOLD & other precious metals. This may in fact be the reason we appear to have bottomed at around the $1,220 mark. So, whilst I remain confident that GOLD will regain its past glory, & beyond, many nervous investors remain in cash until this whole Trump thing settles itself down. So, having said all that, what’s up with EXS/EXSFF? CD was in Timmins from Thursday of last week, meeting with various large EXS/EXSFF investors, & prospects, to finalize the Flow Through Financing at .085. I understand many of those discussions went very well, & he expects to close the financing shortly. The recent escalation in Copper pricing, currently in the $2.50 range, motivated by Trump infrastructure spending rhetoric, puts a new complexion on the impending results for the New Brunswick Copper property. I’ve been hearing about some very positive indications, and the presence of significant copper in most of the targets drilled. The Board is considering a proposal from the geophysics firm to proceed with the Down Hole IP process north of Glencore’s Kidd mine. The recent rise in both Zinc & Copper should move this process forward. The long-awaited Teck announcement is close to release, & could be out later this week, or the next. I’d rather watch molasses move on a cold Quebec day! It truly baffles me how those people get anything done. I understand that some preliminary geophysics are underway on three EXS/EXSFF properties, including PG-101. I was pleased to see the Newsletters impact in the market with new retail buying in the stock. Hopefully, more will come.

$E1H1...NEWSLETTER COVERAGE... Coverage of EXS/EXSFF as a promising investment has been sent to a large group of followers of both The Junior Gold Report, published by regular Stockhouse Blog contributor Kal Kotecha, PhD, and by 321 Gold, published by Bob Moriarty, a well respected, and long term follower & supporter of Explor. Please follow the links provided: http://juniorgoldreport.com/explor-resources-exploring-their-many-properties/ & http://www.321gold.com/editorials/moriarty/moriarty111016.html Excellent articles, well worth reading. I’m optimistic that the new retail audience being reached through their subscribers will have an impact on both price and volume in the equity.

$E1H1 SLOW & STEADY... Clearly guilty of massive indiscretions whilst Secretary of State, commonly referred to as treason, & obvious as the nose on your face, Hillary dodges yet another bullet!! The depth of the corruption at the most senior levels of the US government to accommodate the dismissal of the latest email probe, initiated by the FBI, absolutely horrifies me, even more than ‘ijumpem’s’ command of the English language. The Monday morning impact on the markets worldwide appears to be ‘business as usual’, with the relieved belief that Hillary will win tomorrow, rather than an unpredictable Trump. Let’s not forget how the Brexit vote went, however, even though everyone was clearly convinced otherwise. Regardless who tops US government, the existing financial condition of that country, and many others is teetering on the edge of a cliff. Its just a matter of time before everything starts coming apart at the seams. I remain adamant that GOLD and other precious metals will increase in value dramatically, and that in turn will translate into huge gains, considering EXS/EXSFF current pricing. Friday’s Flow Through financing announcement is a clear indication that we have a core of investors that support CD fully and completely moving forward. Given the .065 closing on Friday’s market, the .085 price on the PP says a lot about the investors’ confidence moving forward. I’ve heard that the Teck News Release is in Teck’s hands to run through their approval process. Hopefully, they’ll fire that back in a timely manner. That may be too much to ask for, given their past performance. It seems the bigger the mining company, the slower their bureaucratic process. Some progress has been made at Kidd, in that the geophysics firm have completed their study, and CD is now awaiting their quote to complete the Downhole IP services, in preparation for re-entering one or two of the existing holes north of Glencore’s Kidd mine. The Newsletter writers are finalizing their latest edits on the Company. I’m led to believe that we are days away from their anticipated release. Lastly, for now, the drill program in New Brunswick has been completed. The last bunch of core is being logged, split, and sent to the lab. All indications are that the program was a huge success, and I’m looking forward to the pending results.

$E1H1...INTERESTING TIMES... While mainstream media is busy sorting out Hillary’s obvious transgressions, what they are not reporting is the massive build up of NATO & US forces along the eastern & western borders of Russia. The timing of this build up & the timing of the renewed Hillary email scandal, both coming just days before the US election, lead one to some interesting thoughts about how this is going to play out in the markets? Russia and China have been accumulating GOLD at an accelerated level, in an effort to establish some new GOLD & asset backed currency. When Khadaffi tried that for the African continent, the US, and coalition forces eliminated him, claiming he was backing terrorism, & making other false charges to justify their actions, to CNN watchers like you & me. Do they really have the audacity to wage war with Russia? Whatever the next moves might be, GOLD, and other precious metals will see a dramatic rise, making the BREXIT move look like a hiccup. Given the TPW resource to date, and Teck’s intentions moving forward, the unfolding events over the next couple of weeks should have a positive impact on the stock, as GOLD rises. CD met with one of the Newsletter writers in Toronto over the weekend, to discuss content, and strategy moving forward. I believe the Newsletters’ coverage of EXS/EXSFF to their distribution will commence this week. The Downhole IP process at Kidd continues, although I don’t have a current status to report at this time. I did have a long discussion with the geologist spearheading the drilling work in New Brunswick. They have completed five holes so far, to an approximate depth of 200meters each, and have found copper in various grades in all of them. This is starting to shape up into an interesting potential deposit, although a lot more work, and assays will need to be done before any definitive conclusions can be drawn. Whilst copper has languished in the $2-$2.20/lb range, the following article suggests a significant move to the upside in the near future: http://www.miningweekly.com/article/renewable-energy-electric-cars-to-boost-copper-demand-2016-10-28/rep_id:3650.

$E1H1...GOLD UP?? Quoting from The Wall Street Journal, “Gold prices shuffled between gains and losses Friday, as investors weighed the pressures of a stronger dollar against an expected surge of demand from India. Meanwhile, seasonal demand for the metal is picking up in India as festival season kicks off, Commerzbank AG said. “Dhanteras and Diwali will be celebrated at the end of the month—two of the most important Hindu festivals and a time when gold is traditionally given as a gift,” the bank noted. India and China are the largest physical buyers of the metal.”
Quoting Rueters, “India's overseas purchases of gold likely hit a nine-month high in October, as a flip in domestic prices to a premium prompted banks and refiners to resume imports ahead of the festival season, industry officials told Reuters. India is the world's No.2 gold consumer after China. ‘Some (Indian) refiners and banks have resumed imports in the last few weeks as discounts came down and the market started trading in a premium,’ said James Jose, secretary of the Mumbai-based Association of Gold Refineries and Mints. Jose expects India's October gold imports to reach 60-70 tonnes, the highest since January and more than double an estimated 30 tonnes in September.
The point is that if you look at the GOLD chart over the past few years, its rallied during the October-November period in a significant way, and that should have some positive impact on EXS/EXSFF. Time will tell. CD will be having more discussion with Teck officials today, and I’m hopeful the announcement will be out shortly. Drilling at the company’s New Brunswick copper property is moving along quickly, and smoothly. Apparently, four holes have been drilled to an average depth of 200meters. That core has been split, logged and sent to Rouyn for analysis. Work will continue to a total of 2,000meters drilled, with work commencing on a fifth hole today. The crew seems to be very encouraged with what they’ve pulled out of the ground so far. Nothing more than I mentioned last Thursday in regards to Kidd, or the Newsletter writers to report at this time, other than some progress has been made on both of those fronts. McLeman and goldspinner, I really appreciated your postings over the weekend.

$E1H1...LATEST DEVELOPMENTS...This weeks posting is coming later than usual. I was kidnapped last weekend by the dark forces contributing to the EXS/EXSFF boards. They dragged me to a back room of a small, obscure little coffee shop somewhere in Timmins, and tied me up to a chair. For the next three days, four octanigerian confederates, took turns describing every unsuccessful drilling, all around the Glencore Kidd mine, starting in 1964, to the present day. Then they took turns bombarding me with all the reasons why Teck is going to give up on the TPW, and, then, if that wasn’t enough, why EXS/EXSFF should abandon the Ogden claims! Just when I thought I would explode from all this negativity, Philly Jack, Saskwatch, and Hey Stupid overpowered my captors, and set me free. So, better late than not at all. Firstly, to make everything official, CD needs to have the ‘Minutes’ of the video conference with Teck. Those are being transcribed as I write. Once received, CD will create a News Release, which in turn will go through the customary approval process with Teck, prior to its official release. How long that takes is entirely in Teck’s hands, although I know CD will push hard to get it done as quickly as possible. Secondly, with an intention of wedging from at least one hole north of the Kidd mine, the downhole IP geophysics firm is making progress on the preparations leading up to that. Again, timing for hole re-entry is in that contractor’s hands, pushed again by CD to ensure it takes place ASAP. Personally, I really like the company’s new website launched last week. It contains far more information about all of the company’s properties than the previous site. The 2,000meter drilling campaign recently announced in regards to the company’s New Brunswick copper properties is underway. I was happy to learn that a very experienced geologist friend of mine is spearheading that program. He has been associated with ongoing work at this site for many years now, so the program has been well thought out, and IMHO, should yield some interesting results. I’m hearing rumblings about a potential Joint Venture, or Earn-In Agreement involving the company’s East Bay properties, and will provide details as they become known to me. Its also probable that the company will be doing some work at the PG-101 property prior to year end, although, again, I have no details as yet. Lastly, prep work continues in regards to the previously mentioned Newsletter coverage, and should be commencing shortly…

Explor Resources drills one m of 15,500 ppm Zn at Kidd

2016-10-11 12:50 ET - News Release

Mr. Chris Dupont reports

EXPLOR ANNOUNCES KIDD TOWNSHIP PROPERTY DIAMOND DRILLING RESULTS

Explor Resources Inc. has released diamond drilling results on the Kidd township property. The corporation's Kidd township group of properties is located to the north, south, west and east of the Glencore Kidd Creek mine, located approximately 20 km north of Timmins, Ontario. Explor's Kidd Township's Group of Properties have a land position that covers an area of approximately 2,805.20 hectares. The most obvious topographical feature in the area is the Glencore Kidd Creek open pit mine, located in the central portion of Explor's Kidd Township group of Properties. Explor was so encouraged by the initial results of the 3000 meter program that it decided to more than double the diamond drilling program planned to 7275.7 meters. Explor drilled seven holes & two wedges on three claim blocks, one being in Carnegie Township, northeast of the mine and the other two blocks drilled in Kidd Township, southwest of the mine.



Read more at:
http://www.stockwatch.com/News/Item.aspx?bid=Z-C:EXS-2412088&symbol=EXS®ion=C

$E1H1 VIDEO CONFERENCE WENT WELL...Firstly, congratulations Jack, on 'Knight’s Gold', available on Amazon. I hope you sell a million copies! Given the diligent research you’re so very well known for on the bullboards, I intend to be especially careful how I present this mornings thoughts & ideas. Most of you are aware that GOLD has taken a bit of a dive recently, and that is weighing heavily on producers, and in turn, explorers. In an all out effort to discredit Trump, mainstream media, controlled and directed by ‘Big Money’, is proclaiming Hillary has an 80%+ win possibility. If the American people actually buy into that nonsense, that would maintain status quo in the markets moving forward, or a free hand for the big boys to continue to do whatever they like, and whatever profits them the most. Credible analysts, and newsletter writers aren’t helping, either, split virtually 50-50 on where GOLD is heading, up, or down?? Blows the doors off of my economic stimulus thoughts of a couple of weeks ago, suggesting the USD would decline, and GOLD go up accordingly. I guess the powers to be opted out for a carefully thought out propaganda campaign instead! However, given my growing position in EXS/EXSFF, I’m choosing to believe GOLD will see the Credit Suisse projection of $1,425, sooner, rather than later. CD was really excited after the video conference with some five Teck geologists the other day. Given the past history of non-cooperation from Teck, the hour spent in the conference gave CD tremendous confidence in their abilities, and commitment, moving forward at the TPW. The recent EM flyover of the property by Teck is yielding new geo-physics they want to correlate with all the material gathered to date. Drill targeting is of paramount concern to them, and it will take a little while longer for them to thoroughly interpret all the data. The proposed $4million drill campaign will happen, but they would not commit to a formal start date during the conference other than ‘as soon as possible’. The downhole IP geophysics firm CD has hired for the Kidd drill interpretation, are busy studying drill logs and core to determine the most sensible, and economic approach to the process. At the conclusion of their interpretation, the board will decide when, and how best to proceed. CD seems optimistic we could re-enter one, or more of the existing holes by early November…

$E1H1 MARKETS MAKE NO SENSE... 20-30million ounces of GOLD in the ground at TPW, and we’re trading at what price?? Seventeen properties of merit, of which 12 are in the Abitibi Greenstone Belt, and we’re at .09Cdn? Mind you, the markets overall are confusing to say the least. Brexit, Duetchebank, sovereign debt issues, and elections in the US, Germany & France upcoming should have driven GOLD to at least $1,450, and yet it waffles in the $1,310 neighbourhood? Logically, that makes no sense, and when investors can’t make sense of markets, the majority sit on the sidelines. In spite of that, our verbally abused CEO continues to march forward much like the ‘Energizer’ bunny. I spoke with him at lengths early this morning. First of all, he bought some stock last week, adding to his 5million share position. He also confirmed the ‘finishing touches’ are going into place to satisfy two prominent newsletter writers, who will commence coverage of EXS/EXSFF shortly. Further, he indicated his continued excitement about the drilling at Kidd. There is no stronger indicator of VMS than exhalite, and we found that in two of the four drillings done on the property north of the Kidd Mine. The Downhole IP(Induced Polarization) survey will be done as quickly as possible, and at least one hole will be re-entered, and wedged at whatever depth the survey suggests, so, I don’t think we’re quite done with this one as yet. Further, the video conference technical meeting with Teck will take place later this week. From December, 2014, until April 30, 2016, Teck spent $1.4million on analysis, and drilling. During this second phase, they’ve expressed a firm intention to spend up to $4million on drilling alone. Given their intention to ‘further’ the deposit, I would think the carefully targeted drill locations would enhance the 43-101 numbers quite substantially? Lastly, I’m still firmly convinced that various events moving forward will bring GOLD, and other precious metals back to life, and EXS/EXSFF should benefit accordingly.

$E1H1 A BRIGHT FUTUREApparently, Teck has been doing Airborne EM (Electromagnetic) testing at the TPW, to add more insight into the deposit. This will enhance their understanding of the TPW, and will compliment the Down Hole IP testing, and Terra Spec Analysis performed to this point. The video conferencing with the Teck exploration higher ups will take place early this week, as they are anxious to finalize target selection, and get to drilling as soon as possible. Depending on how things go, they could be spending upwards of $4million on drilling this fall. The latest drilling north of the Glencore Kidd Mine has achieved a depth of 1,100meters. Exhalite was encountered at various depths, intermittent with graphitic argillite, and ultra mafics. This tells our geologists that the VMS is close at hand. Rather than blindly moving to deeper depths, the drill has been withdrawn from this hole, and the company will be performing Down Hole IP testing, which will basically x-ray the rock surrounding the drill core to about a 200meter circumference. Once that data is analyzed, the drillers will re-enter the hole, and ‘wedge’ off that hole to the most promising targets. The three companies with gold bearing, or potential gold bearing properties closest to Tahoe are Melkior, Metals Creek and Explor. A little bit of analysis has shown that ‘Anonymous’ bids and asks are appearing in all three markets simultaneously, literally within seconds of one another. What that suggests to me, as I have contended in previous postings, is manipulation in the open market of stock prices downward, and accumulation at lower levels. So, either some individual with a very deep pocket knows something looking forward, or a hired gun is working to achieve some corporate objective on behalf of whom?? Either way, its led even the most hardy of investors to sell part of, or all of their position, as these Dorks have done their dirty business. Optimistically, with new forces about to bear on the EXS/EXSFF market, prices will move higher in spite of the Dark Side working against us…

$E1H1 STAY TUNED...Employing the highest level of care possible, the drill crew have achieved a depth of roughly 950meters on the company’s property north of the Kidd Mine. To date, the drill bit has been replaced on at least three separate occasions during this drilling to ensure we get through the strata at depth which appears to be getting harder the deeper we go. Further, maintaining the ideal vertical angle is much easier with sharper teeth. Some of you may recall we hit a layer of exhalite during a previous drilling. I’m hearing we are drilling through consecutive layers of exhalite and ultra mafics, showing some mineralization. The crew are targeting the 1,100meter level, hopeful we will breach the fabled VMS at about that depth. So, stay tuned. Apparently, the video technical meeting with Teck takes place at noon today, EST. I know CD is anxious to offer his thoughts and ideas in regards to step out holes, and new drillings he feels should be undertaken to increase the size of the resource at TPW. The last information I had was Teck is planning a $2-$4,000,000 drill campaign on the heels of this meeting, although exact timing is unknown at this time…

$E1H1 LOOKING FORWARD... What dictates the immediate, and longer term future, of EXPLOR, and, in turn, it’s equity value? Over the past forty years in the US, some form of economic stimulus has been used prior to the election, to make, in this instance, the incumbent ‘Democrats’ look good, in turn, getting Hillary, and her party entourage elected. I believe the only way this can be achieved is with a long overdue devaluation of the US dollar. That would stimulate domestic growth with more domestic buying, in turn, generating more new jobs. It would also lead to higher commodity prices, in weaker US dollars. Add the increased world wide interest in physical GOLD & silver by sovereign nations, central banks, and investment funds of all types, as well as the seasonal retail buying in Asia, and India, and I tend to believe Credit Suisse GOLD price forecast for the last quarter of 2016 as quite conservative at $1,425/Oz GOLD. However, we do have massive manipulation in the commodities markets, so please bear that in mind. Baffling to many of us, I’m sure, given the current selloff in equities around the world, GOLD decreases in value??? To logical thinkers, it makes no sense other than the price is being manipulated for some ‘higher’ purpose. A ‘Technical’ meeting is slated for an exchange of ideas about Teck’s proposed fall drilling campaign at the TPW. Their purpose, as indicated in their MD&A documents is to ‘develop’ this property, and indications are they will spend between $2-$4,000,000 drilling key targets this time around. Apparently, six Teck families have taken permanent residence in Timmins, which speaks loudly to Teck’s long term commitment at TPW. Moving to the ongoing drilling north of the Kidd Mine, the latest report I’m getting is they have passed the 750meter mark, and are drilling through repetitive layers of graphitic argillite, and ultra mafics. EXPLOR geologists are pleased with the progress at this location, guardedly optimistic as the rest of us we will intersect exhalite, and the elusive VMS deposit. Further, much progress has been made in preparation for an accelerated campaign to bring EXPLOR to the attention of a large number of retail investors throughout Canada, the US, and Europe. The intention is to launch within the next two weeks, once all details have been attended to.

$E1H1 METALS NEWS... I mentioned a number of forces were in process of being launched, for the purpose of bringing EXS/EXSFF/E1H1 to the attention of a variety of new prospective investors. When coverage was launched on ‘Metals News’ (and associated sites) back in March, we saw a marked increase in buying volumes. A comprehensive new ‘interview’ has been posted on those sites to update investors, and whet the appetite of other prospects. I would encourage all to take a few minutes to read this interview, as it answers many questions posed on the board, and through my private messaging. Here’s the link
http://www.metalsnews.com/t1117290i

$E1H1 I CONTINUE TO BUY... I have been investing in the Canadian Mining Exploration Markets for 35 years. I started buying this stock in June, 2014 at .025, and have been adding to my position regularly ever since. I can honestly say I have never held as large a position in any other stock, ever. Like most of the investors in this company, I have a detailed process I employ when considering any equity. My most important consideration is the experience, and background, of the company’s management. Initially, one of my oldest, and dearest investor friends, himself an accomplished geologist, and investor, strongly suggested I take a long, hard look at EXS/EXSFF. I did, and then had a number of lengthy, and detailed discussions with Chris Dupont. I was deeply impressed with his wealth of knowledge, not only about the industry in general, but his detailed understanding of the potential of all the company’s holdings. To this day, I have never wavered from my initial opinions about either the company, or the dedication of its staff. As a regular ‘poster’ on this, and other boards, I wonder why an investor in this company would make demeaning, and negative comments on either the projects, or personnel associated with EXS/EXSFF. Given a couple of hundred people would read those comments, how would that help to improve the stock price? Wouldn’t it accomplish quite the opposite? Individually, given our market cap, we are all helpless to influence the stock price, but collectively, we could see .30-.40 in a heartbeat. I guess that opinion might be a little Utopian, and naïve? The point is, in all my years, I have never seen a stock chart that went straight up. Up a bit, sideways a bit, down a bit. By the very nature of mining exploration, the ups and downs are exaggerated. Drilling at Kidd continues. The search for VMS continues. The search will continue until VMS is found. At TPW, a Teck crew continues its prep work for a fall drilling campaign. Apparently, a number of Teck personnel are seeking permanent housing in Timmins. At Ogden, a plan is being drafted for a fall/winter drilling program. In regards to the newsletter writer I’ve mentioned previously, other prospective liquidity sources are under consideration for a collective launch when all aspects are ready, so load up, as I think even the most negative amongst you will be impressed.

$E1H1 THIRD TIME LUCKY?? Drilling north of the Kidd Mine is progressing nicely. The last I heard, the crew had achieved a depth of 486meters, on an inclination of -.85 degrees. That means we are maintaining an optimal vertical depth range in the order of 1,500meters, which would translate to about 4,920feet, possibly deeper. During previous drilling, the thick Exhalite layer was encountered at about the 800meter (2,625ft) level, so, given we continue to maintain vertical, true to current inclination, everyone is hopeful we will encounter more Exhalite, and then, the fabled mirror VMS deposit. Are we feeling lucky? The drill is currently plowing through Graphitic Argillite. The crew is anticipating a transition to Mafic Volcanics at any time now, hopeful the various layers of strata at depth are relatively stable, to be better able to hold the drill inclination to achieve greater depth. All the information developed prior to the June start up of drilling at this property told us we are in the right place, so, hopefully, with a little cooperation from mother nature, this will become our ‘Glory Hole’. Kal Kotecha, PhD, met with CD in Timmins, and spent the day last Tuesday visiting the TPW site. Apparently, a Teck crew was on site prepping for the fall drilling program, estimated in the $2-$4million range. That unto itself would translate into 10-20 individual holes, if drilled to depth. More on that later. Kal & CD visited the core shack as well, reviewing the extensive work done to date. I had a long discussion with Kal after his visit, and he seemed very excited about what he saw, and heard. Tweaking his submission to The Junior Gold Report, his subscribers should be reading about EXS/EXSFF by the end of this week. As an investor with a formidable position, I’m hopeful the Newsletter will bring new forces to bear on the equity, both on the Canadian, as well as the US side of the border. I’m still convinced outside interests are doing their utmost to maintain a relatively low price on EXS/EXSFF. Maintaining a 20day Volume Weighted Average Price (VWAP) at the .12-.13 range means the rumoured .60 offer gives investors five times their money. If timed right, as was the case with the Lake Shore (LSG) takeover, Tahoe probably paid about one third of what the LSG assets are worth today. If a .60 offer was accepted by shareholders of EXS/EXSFF, my estimate is they would be getting the company at about one fifth of what it is really worth. I, for one, would NOT be supporting an offer in that range.

$E1H1 NEVER GIVES UP... The deep drilling rig on Explor’s 800meter square property north of the Kidd Mine will be moved to the western boundary of the property block, and oriented towards the first drill location. The intention is to drill below the roughly 800meter level where the thick Exhalite strata was encountered. This will be the third deep drilling on this property, using the information developed by Explor’s geologists from the first two holes drilled. The Company’s CEO, Chris Dupont, will be in Timmins from Tuesday this week, in part to oversee this operation. Drill placement, and orientation is critical, to ensure that as depth is achieved, property boundaries are not breached, given the confined property area, and actual depth of drilling maximized. He remains determined that not only is the VMS there, but that Explor is going to find it. I’ve heard the drill could be turning as early as Wednesday of this week.
Like many of you, I follow specific Newsletter writers, in an effort to make better investment decisions for myself, and more importantly, for my family. I especially like a gentleman by the name of Kal Kotecha, PhD, author of ‘The Junior Gold Report’. Apparently, he and CD will be meeting at the EXS/EXSFF Core Shack tomorrow, so he can see for himself how promising the equity is moving forward, covering primarily the TPW, Ogden, & Kidd. I’m anticipating Kal will put out a Special Alert to his subscribers immediately on the heels of his meeting with CD, and new forces will come to bear on the equity on both sides of the border. I think it would be fair to say that Kal is very bullish on GOLD, and deeply convinced, as many of us are, that GOLD’s price will escalate dramatically in the very near future. Here’s a link to his website. http://juniorgoldreport.com/

$E1H1...NEW CEO VIDEO Whether you’re already invested in the Company, or considering an investment, I would encourage all of you to take a few minutes to watch the video interview with Chris Dupont hosted yesterday by a representative of the Agoracom website. IMHO, it is the single best interview that Chris has ever done. It is comprehensive, and packed with important information on the Company’s key projects, TPW, Ogden & Kidd.
http://www.smallcapepicenter.com/beyondthepressrelease/AGORACOM-EXS-08082016/

$E1H1...IMHO... In 1978, I bought my first mining stocks. One of them was a ‘Primary’ or IPO named Corona Resources, which went on, eventually, to establish the Hemlo gold deposit in Northern Ontario. I was in and out of that stock fairly quickly with a good profit, working under the direction of an experienced stock broker. Subsequently, however, they grinded out some 75 exploratory holes, before they actually hit their ‘Glory’ hole. In an area the size of our Ogden collection, with very little history of any deeper drilling, based on my experience, I think its very promising that we found GOLD values in two holes, spaced 2kilometers apart. Importantly as well, the geology encountered in all 6 holes drilled proved we are in a potential GOLD bearing region. Obviously, many felt, by rumour, or neighbouring results, that what CD and the team at EXS/EXSFF created, was a far cry from expectations. I, on the other hand, feel we have established an area worth focussing on for further exploration, moving forward. I also feel that the ‘value’ of the Ogden properties has been considerably enhanced, and strengthens my belief that Tahoe will be even more resolved to acquire the TPW/Ogden, or in fact, the whole company in the near future.
The second hole north of the Kidd Mine has reached 1,000meters in depth. Before drilling deeper, the geologist on site will carefully study the core, especially at depth, to evaluate the Exhalite content, and nature of the Mafic Volcanics encountered. This evaluation will include down hole IP (INDUCED POLARISATION. A geophysical prospecting method of passing an electrical current through the ground and measuring the effect of rocks and minerals in its path.) At that point decisions can be made on ‘wedging’, drilling a number of holes in different directions, at depth, stemming off the original drill hole. This process will provide a greater probability for success, accessing the VMS deposit ‘rumoured’ to be below us. Its also a lot cheaper than moving to a third target, although that possibility has not been ruled out.

$E1H1 HAIL TO ALL THE LITTLE MINIONS The war between the Little Minions and the Blue Whale Dorks raged on. With Dark Dork forces moving in from both sides of the TPW, attempting to steal the Little Minions GOLD, they struggled to hold the price of their little resource company’s stock. The Dork forces are formidable, and yet, the Little Minions continue to invest more and more of their hard earned money, fighting, and believing, like David did with Goliath, that eventually they would prevail!! On occasion, following the battles of the day, one or two of the Little Minions had suggested that maybe the rumoured .50 or .60 per share is a good deal? The most senior Elders always retort, “Yes it is!! We would all be very happy to sell 10% of our little exploration company for that! Let’s all remember the Probe clan, and how well they all made out with a little patience.”
In preparation for the Battles of the week of August 2nd, The Little Minions gathered at the Grand Minion Hall. A hush fell across the Hall as the Grand Master entered. He looked around the vast Hall, and was clearly moved by the numbers of his brethren. “Firstly, from the bottom of my heart, I want to thank you all for your support. Thank you to the Clans from the United States for your growing contributions. Thank you to the Clans from Europe as well for your support. And thank you to all my friends, and relations from across Canada, especially to those on the front lines in Timmins. A very special hurrah to all of you! And please, a moment of silence for all The Little Minions that we have lost over these past difficult months.” Heads bowed, tears flowed, and sobbing was heard. He continued, “Our fight is NOT just about money. It’s also, more importantly, about what is RIGHT! A loud throng of cheers and clapping resounded around the Hall. The Grand Master continued, “You’re all aware of the drilling at our Kidd Creek property, and the unsolicited call from Glencore to ‘Call when you HIT SOMETHING!’ Rumour had it the crew took the long weekend off to be with family and friends, but instead, were actually replaced by a more senior drilling crew, with far more experience. The latest report from the site is that they have achieved a depth of roughly 760meters, or 2,490ft. Rest assured they will find the Exhalite, in turn the VMS!” Another very loud round of cheers and clapping. “Further, the Ogden results will be out in the next day, or two, and I for one am really excited about that, especially considering the proximity to the Big Dorks encampments so close at hand. Add to that the new discovery by the Biggest Dork of them all directly west of the TPW, and I say, “Hail to the Minions!” And all The Little Minions echoed the call, “Hail, Hail, Hail, to The Little Minions! Flatulence to All The Big Dorks!!!”